Five Companies in Henan Putting Aluminum Capacity Swap Quota on Sale for Idled Capacity

Published: Aug 10, 2017 16:59

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Five companies in Henan Province, who have long idled aluminum capacity, are seeking to sell corresponding aluminum capacity swap quotas.

SHANGHAI, Aug. 10 (SMM) – Five companies in Henan Province, who have long idled aluminum capacity, are seeking to sell corresponding aluminum capacity swap quotas, according to the provincial government’s official website on August 10.

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The idled aluminum capacity totals 207,000 tonnes at these 5 companies, including 28,000 tonnes at Linfeng Aluminum & Electricity, 50,000 tonnes at Mianchi Tianrui, 40,000 tonnes at Shangqiu Fengyuan, and 60,000 tonnes at Wanji Aluminum.

China Aluminum Output to Drop MoM in August as Cuts Outpace New Capacity, SMM Expects

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